HypoVereinsbank Hopes to Expand
Base With Hiring of Stefan Jentzsch

HypoVereinsbank AG's hiring of senior Goldman Sachs banker Stefan Jentzsch shows Germany's second-biggest bank is trying to internationalize its top management as it expands beyond its Central European base.

Mr. Jentzsch's appointment to HypoVereinsbank's management board, called the Vorstand, is expected to be approved at next Monday's supervisory-board meeting. He is set to take responsibility for the Bavarian bank's asset-management division -- a key area since the bank, which relies on the low-margin loan business,...